Remember the pay-per-mile auto insurance company Metromile and how it went up after the SPAC merger, to 20usd? This month MILE had the all time low, $0.85. What a drop! But for few days it showed a little bit of strength and in a best case scenario it can touch the $3.10 resistance. Looking forward to read your opinion about it.
Hey I'm Gerson Samussene (Zabataina) nice to meet you, I come here to show you my analysis within this futuristic market that is (Cryptocurrency) Here we have the First Group, known as the economist group in market action, I refer here to Buyers (Demand) and Sellers (Supply). Here we have the Manipulators that make or transform Picos in the market. And the...
Hello everyone, according to my chart analysis of ISLAMIC ARAB INSUR, I recommended to CLOSE all long position in your portfolio ! because SALAMA stock is showing a strong sell signal, this is the best time to close all long position in your portfolio.
$RYAN 6mth old insurance name IPO. based off (-12%) the January market weakness and looking to reclaim its ATH close of $40.36. RS is at ATH. trading above all critical VWAPs, MAs. a trading idea to take on BO for further trending action.
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The yellow lines on chart connect closing prices on a line graph. I like the stochastic here for a turn up. Take profits when RSI-14 moves up to 50 or price moves up to dashed line. There will be a pullback, and at that time you will choose whether to hold some for a move higher, or sell all and buy again after a pullback. If this company is to succeed, then...
This is a very boring, low P/E, financial/ insurance play that probably won't provide excitement. But for those patient enough, this stock could outperform the broader industry due to it's size and yield. Notes for the security are on the chart. Feel free to discuss in the comments. Entries: $28, $21, $19, $17 Targets: $40, $66 Stop Loss: weekly close below...
Upstart Holdings Leading artificial intelligence (AI) lending platform designed to improve access to affordable credit while reducing the risk and costs of lending for our bank partners. Our platform uses sophisticated machine learning models to more accurately identify risk and approve more applicants than traditional, credit-score-based lending models. They...
very sad. So much potential. Charts don't lie though. Bonded is going to zero as well but I don't have the energy to do ta on that one.
The WAE is setting on the 20 line, look what its done in the past. The RSI7 is about to bust through the 30 line, looks what its done in the past, also divergence.
SBI LIFE 100% rule applies , can get double easily from here
As the fed moves towards tapering, I will be building a position in RYAN around 35. Will look to add on quality pullbacks assuming $XLF maintains an upward trajectory
Slow progress, but DLG looks to be moving on. It's been forming a rough inverse head and shoulders for 4 years and is slowly breaking out.
Post pandemic workforce and travel is in constant change. Technology innovation is an easy way to spot a long term winner. Why should you pay for insurance on a car sitting in the driveway while you work from home? An insurance company of the future should adapt your premiums based on your behavior in the car. Just speculation. Not financial advice.
We can see a nice divergence here: increasing volume on decreasing price! Price tends to follow volume. Be ready for an upside move! Cantor Fitzgerald has a 7 usd price target for MILe Metromile,
Another one of those good story shitty results company. See previous post why I went short No reason for this to bounce. Rode a few waves, puts closed (a few weeks ago), out and never coming back to it again.
The weekly RSI has been contradicting price trend 2-3 times... now has reached all time low with huge volume.
Every circle in the chart is pointing out a test of the support level at $80 approximately. As you can see, since the IPO, we have tested this level multiple times. The arrow in the RSI shows a positive divergence, where every test had a slightly higher level. Unfortunately, if you used this method on the range from early March to late April, you would have...